CHA$E CAPITAL

  Good morning traders, I hope you're all doing well and have already been actively trading as the volume in the markets is back. Into the markets today I'm looking at EURUSD which I have been in a swing position since the CPI release for this month. Price had been in consolidation between the key H1 & H4 supply zone at 1.10535 & 1.09911 and the H4 demand zone at 1.09042 & 1.08726. Price dropped to the H4 demand zone then rallied back to the H1 & H4 supply zone at 1.10535 & 1.09911 which was the origin of the previous drop to the H4 demand zone at 1.09042 & 1.08726. Price filled the H1 & H4 range from the H1 & H4 supply zone to the H1 & H4 demand zone and back to the H1 & H4 supply zone. Price rallied into supply during the CPI news release last week and formed strong rejections on H1 & H4 with candle closes below supply followed by  a strong drop in 3 H4 bearish candles. Took sell positions during NY session at 1.09900 with SL at 1....

  Happy New Year everyone, it's been a good 2023 with its own ups and downs but we made it to the end and still emerged victorious in different aspects of our lives. As I welcome 2024, I'd like to celebrate the success of this blog with currently over 140 posts since I started it and still growing bigger and better. I also celebrate 2 years of the private Chase Capital discord which I started in January 2022 as a simple idea and now has more than 700 trading setups and analysis that I have shared over time showing my growth and experience in my trading journey. Trading is not easy and is not a get rich quick scheme. To succeed in trading you'll have to put in the work and deal with stress, losses, fear, doubts, mental torture, late nights and early mornings, deep study and back-testing among many other things in the trading journey. I have had my fair share of all the above mentioned aspects and more that I talk about deeply in my private Chase Capital discord and I have se...

  Hello traders, I hope you're all doing well and you're ready for this new trading week and also last trading month of the year 2023. This week is flooded with fundamental news releases from CPI to FOMC and PPI news and they all have high impact on the markets. Into the week I'm looking at GBPUSD where market opened this week at 1.25460 and then rallied to 1.25900 forming a lower high during Asian session into mid-London session. Price formed a lower high and failed to break it and instead reversed and dropped to 1.25465 during NY session forming a lower low confirming a potential continuation of the bearish sentiment. I anticipated a continuation of the drop lower with more confirmations when price breaks the H1 lower low at 1.25000 and fills the range back to H1 & H4 demand zone at 1.24600 & 1.24000. Price dropped 50 pips from the H1 lower high back to H1 low at 1.25400 and failed to break it during London session into NY session hence retracing back to the previ...

  Hello traders, I hope you all had a great weekend and you're ready for the new week in the financial markets. Into the markets today, I'm looking at my last week's pair NZDUSD where market opened the week with price rallying back to the major H1 & H4 supply zone at 0.60474 & 0.60283 during Asian session. Price filled the minor H1 range from the major H1 & H4 supply zone to the H1 & H4 low and back to the H1 & H4 major supply zone. Price rallied into supply and formed a rejection wick with candle closes below supply on H4. Took sell positions during London session at 0.60294 with SL at 0.60600. Setup taken is a rally base drop, a reversal setup and my target is at 0.59000. Price rallied deeper into supply putting my positions in drawdown. Price rallied to 0.60400 then dropped and formed a H4 bearish engulfing candle with candle close below supply followed by a 20 pips drop to 0.60100. Price left a a rejection then rallied back deeper into supply during ...

  Good evening traders, it's quite a chilly evening and I hope you're all warm and locked in the markets as they have started the week with tremendous moves especially after yesterday's CPI news release and today's PPI report release. Into the markets today, I'm looking at NZDUSD where price rallied from a key H1 & H4 demand zone at 0.58900 & 0.58657, rallying 180 pips to the key H1 & H4 supply zone at 0.60474 & 0.60283 which is the origin of the previous drop to the H1 & H4 demand and the major H4 demand zone at 0.57985 & 0.57794. Price has filled the major H4 range from the H1 & H4 demand to the previous H1 high at 0.60000 and back to the major H1 & H4 supply zone. Price rallied into the key H1 & H4 supply zone and formed rejections with candle closes inside supply followed by a drop in a H4 bearish engulfing candle with candle closes below supply. Took sell positions during NY session at 0.60480 with SL at 0.60780. Setup taken ...

  Hello and happy Sunday everyone, I hope you're enjoying your weekend and also refreshing and getting ready for the new trading week from tomorrow. I'd like to go through setups I had last week on 2 pairs GBPUSD & EURUSD and their projections for the coming week. Into GBPUSD, price formed a new high at 1.24200 on H1 & H4 then dropped back to the previously broken supply. Price dropped deeper into the zone at 1.22676, formed a bullish push on H1 & H4 to 1.23100 and failed to form any candle close above the zone to show any possible bullish reversal. Price instead dropped lower to 1.22450 forming candle closes below the zone showing a potential continuation of the drop. Price formed a lower low then retraced to retest the zone before a continuation of the drop. Took sell positions during NY session at 1.23000 with SL at 1.23250. Setup taken was a drop base drop, a continuation setup. Price dropped 100 pips to 1.22000 confirming the bearish sentiment and closed the we...

  Good evening traders, it's a chilly weekend here and I hope you had a profitable week in the markets. It has been quite an eventful week in the markets with major fundamental news releases like the FOMC federal funds rate release, the Bank of England monetary policy report release, the US Unemployment claims release and ending the week with the Non-farm payroll release yesterday from the US Bureau of Labor Statistics. Into the markets, I took buy positions on GBPUSD at 1.21000 with SL at 1.20700 as said on the previous post. Price rallied 90 pips to the 1st H1 high at 1.22000 filling the 1st H1 minor range from the H1 & H4 demand zone to the H1 high and back to the key H1 & H4 demand zone. Price failed to break the H1 high at 1.22000 and instead retraced back to the H1 & H4 demand zone. Price accumulated more bullish orders that would take out the H1 high and push price higher to confirm a shift in market structure to bullish. Price rallied from the H1 & H4 demand...

  Good morning traders, it's the end of October and I hope your trading month has been profitable admist the major economic events that took place within the month. Into the markets today I'm looking at GBPUSD where price dropped to a key H1 & H4 demand zone at 1.21040 & 1.20561 which is the origin of the previous major rally to the H1 & H4 supply zone at 1.22724 & 1.22444. Price filled the H1 & H4 range from the key H1 & H4 demand zone to the H1 & H4 supply zone and back to the key H1 & H4 demand zone. Price dropped into the H1 & H4 demand zone at 1.20750 then rallied out of demand to the 1st high at 1.21500. Price retraced to retest demand at 1.21000 after a slight consolidation before a potential continuation of the rally. Took buy positions during London session at 1.21000 with SL at 1.20700. Setup taken is a drop base rally, a reversal setup and my target is at 1.22400. Price gained momentum during London session rallying in 2 bullish H1...

Hello traders, here's an update of the previous GBPUSD analysis that I posted earlier. Price failed to get to my anticipated target and instead retraced during Asian session into London session back to the previous H1 high at 1.27870 below the key H1 & H4 supply zone at 1.28533 & 1.28072. Price gained strong bullish momentum taking out the liquidity at the H1 high at 1.27870 below supply and rallied to the key H1 & H4 supply at 1.27870 during NY session after which price formed a strong rejection wick on H1 & H4 with candle close below supply followed by a strong drop after the CPI news release. Price gained strong bearish momentum dropping 130 pips in all bearish candles to 1.26700, lower than my previously anticipated target of the H1 low at 1.26900. I should've taken the sell positions after price rallied into supply and formed the rejection wick as price had taken out liquidity and was ready to shift bias to strong bearish.

  Hello traders, it's another amazing Thursday and today we'll be having the CPI news release during NY session which we expect to bring volume into the markets. Into the EURUSD market, price rallied deeper into supply during London session into NY session hence closing out my previous impulse sell positions. Price rallied into supply and formed a strong rejection wick on H1 & H4 with candle closes inside supply. Price gained strong momentum from the CPI news release causing a strong liquidity grab to 1.10660. Took sell positions during NY session at 1.10450 with SL at 1.10700. Setup taken is a rally base drop, a reversal setup and my target is at 1.09300, the key H1 low. Price dropped to the 1st H1 low inside supply at 1.10150 then retraced back to entry. Price then formed a H1 bearish engulfing candle with candle close inside supply followed by 2 weak bearish candle without candle closes below supply hence closing out my positions. Price gained more bearish momentum durin...